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1 min read
HDFC MF gets Reserve Bank nod for raising stake in Federal Bank, Equitas SFB to 9.5%
Reserve Bank has accorded approval to HDFC Mutual Fund to raise its stakes in Federal Bank as well …
PTI
3 mins read
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
5 mins read
HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?
HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…
2 mins read
HDFC to sell 10% stake in its private equity real estate firm to Abu Dhabi Investment Authority
HDFC, India’s largest private sector housing finance company, has entered into an agreement with Ab…
6 mins read
ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4
India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…
4 mins read
Sensex, Nifty50 flat in morning trade: HDFC twins, Maruti Suzuki amongst top losers
India’s benchmark indices Sensex and Nifty50 were flat in morning trade on Tuesday amidst positive …
1 min read
New India Assurance net profit drawn down by huge operating loss in the health insurance segment
Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net pro…
1 min read
Seven brokerage and investment firms give 'buy' call for Aditya Birla Capital since it reported healthy earnings in fiscal year
ICICI Securities pegged the highest at Rs 169, whereas Credit Suisse the lowest at Rs 130. It poste…
2 mins read
HDFC MF launches MNC fund that offers portfolio diversification opportunities
HDFC Asset Management Company has launched HDFC MNC, an open ended equity scheme following multinat…
8 mins read
Marketing: Trends to watch out for in the BFSI sector in 2022
Where BFSI marketing is headed in the year to come
5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
2 mins read
Sensex, Nifty50 halt 9-day rally, Infosys slumps over 9%
Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally o…
PTI
3 mins read
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
1 min read
SPC Lifesciences files draft papers with SEBI for IPO
The proceeds from the fresh issue will be used to pay debt, to support working capital needs and to…
PTI
1 min read
Gold price tumbled by ₹480 to ₹58,770 per 10 gram on Wednesday
In the last two sessions, comex gold price fell more than 3 per cent from its recent peak of USD 2,…
PTI
1 min read
Former Meta India MD Ajit Mohan, ex Colliers India CEO Ramesh Nair invest in proptech startup OfficeBanao
Gurugram-based OfficeBanao, which is a workspace interior platform, said in a statement that it has…
PTI
7 mins read
Sensex, Nifty50 drop 1% dragged down by banking, financial services and realty stocks
India’s benchmark indices Sensex and Nifty50 slumped lower for second consecutive session with 1% e…
9 mins read
Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops
Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…
4 mins read
Sensex, Nifty50 slip amid weak global cues: HDFC twins tumble over 5%
Both the indices were down by 0.60% – Sensex was hovering at 61,359 points, while Nifty50 was at 18…
2 mins read
Rupee gains 57 paise to close at 81.78 against US dollar
Parmar further noted that Spot USD/INR now has the support of 81.70, "the 50 per cent Fibonacci ret…